Not exact matches
The Sum Assured under the Max Life
term plan increases every year at a simple
rate of 5 %
till the
end of the plan tenure
Bonus
rate will applicable from 6th year
till end of premium paying
term.
With this option, your life cover starts increasing by 5 % every year at simple
rate till the
end of the policy
term without any increase in the premium.
The Guaranteed Interest
Rate of 1 % per annum on the balance in Policy Account is credited at the beginning
of each calendar quarter
till the
end of the policy
term.
On survival
of the life insured
till the
end of the policy
term, the Policy Account Value including terminal bonus interest
rate as calculated on the maturity date and it is payable as a lump sum.